The article discusses the fee-burning mechanism of Ethereum (ETH) powered by EIP-1559 and its impact on the cryptocurrency market. The fee-burning mechanism permanently removes part of ETH transaction fees from circulation, reducing the circulating supply and creating a deflationary effect on the token. The article then highlights the top DeFi projects that contribute to this fee-burning process, including Uniswap, Metamask, Gnosis, HEX, Pendle, AAVE, 0xProtocol, Polyhedra Network, KyberSwap, and Paraswap. These projects are not only widely used but also burn significant amounts of ETH, making the asset more scarce and potentially increasing its value over time.



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